Pure Storage Inc (PSTG)
Days of inventory on hand (DOH)
| Jan 31, 2025 | Feb 4, 2024 | Jan 31, 2024 | Feb 5, 2023 | Jan 31, 2023 | ||
|---|---|---|---|---|---|---|
| Inventory turnover | 22.32 | 50.35 | 18.97 | 41.43 | 16.43 | |
| DOH | days | 16.35 | 7.25 | 19.24 | 8.81 | 22.22 |
January 31, 2025 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ 22.32
= 16.35
The Days of Inventory on Hand (DOH) for Pure Storage Inc has shown a downward trend over the years based on the provided data.
As of January 31, 2023, the company had 22.22 days worth of inventory on hand, which decreased to 8.81 days by February 5, 2023. This significant reduction in DOH within a short period may indicate efficient inventory management or possibly a decrease in inventory levels.
Subsequently, the DOH increased slightly to 19.24 days by January 31, 2024, but then decreased again to 7.25 days by February 4, 2024. This fluctuation in the DOH may suggest variability in inventory turnover over these periods.
By January 31, 2025, the DOH stood at 16.35 days, indicating that the company held inventory for a shorter period compared to the earlier years but slightly higher than the lowest point observed.
Overall, the fluctuating trend in Pure Storage Inc's DOH reflects potential changes in inventory management strategies, production efficiency, and demand patterns, which could impact the company's operational performance and financial health. It is crucial for stakeholders to closely monitor and assess the reasons behind these fluctuations to ensure optimal inventory management practices and sustainable business operations.
Peer comparison
Jan 31, 2025